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The FFIEC recently mandated that all financial institutions begin using two-factor authentication during their login process ( click here to read more). Several financial institutions have begun implementing two-factor authentication using the telephone. The process is simple: require users to receive a phone call at one of their pre-designated telephone numbers when they log into their banking account (home phone, mobile phone, etc.).
The system is similar to the token-based two-factor solution, but because your users' phones are used for PIN delivery, your business doesn't incur the deployment and management costs associated with the token-based solution.
Benefits
- Prevent online banking fraud by implementing a two-factor solution
- Dramatically reduce deployment and management costs compared to a token-based solution
- Integrate seamlessly into your financial institution's website
For more about
online gaming telephone verification and phoneID security technology, call us now at 800-850-3485 and speak to a online gaming telephone verification and phoneID security technology representative.
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